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To: Sergio H who wrote (9676)	9/6/2001 7:24:18 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 13094

Some of the t/a guyz were around, and did just fine. Many stocks had nice, tradeable reversals, you just have to have some experience in what to look for is all>http://www.siliconinvestor.com/readmsg.aspx?msgid=16309430 My guess is most of the under 30 crowd has no idea how to trade a choppy, volatile market, as they have only seen the sunny, bull side, and not the darker, bear side. This, then, is tuition. What do you make of the INTC "guidance" after the close? My take it is the same kind of b/s MOT tried to get away with a few weeks ago, and it has proven to be b/s, the hip-boot, stinky kind.....They, INTC, has had to drop trou to make sales, I just don't see any kind of turn yet. ""September is the most critical third month of any quarter of the year, Niles said, adding that roughly 50 percent of the quarter's revenue comes in that month. We'll just have to see how that tracks."" That said, the cubes, (QQQ) are just above the April lows, and starting to look interesting on the long side...If/after they break below that line. VIX is up 12% today, indicating things are yummy for good, nimble traders. Cogito ergo sum..... (I think, therefore I am) Decartes 1700 something.

To: Sergio H who wrote (9676)	9/7/2001 11:47:34 AM
From: James Strauss	Read Replies (1) \| Respond to of 13094

Sergio: There has been much anticipatory discussion on this thread over the months regarding the disbelief in the published unemployment numbers month after month given all the layoff announcements... Today's 4.9% unemployment number was probably back loaded from prior months... This leads me to speculate that the real unemployment number is over 5%... One could argue that this is the trough in the economy, and it gets better from here... Or one could connect the economic dots to this scenario: Fewer workers>>>Reduction in retail spending>>>Reduction in raw materials needed to make retail goods>>>More layoffs>>>Further reduction in retail spending>>>More production and service side reductions>>>etc., etc., etc, and the housing market swoons>>>Reduction in lumber sales>>>Reduction in plumbing and electrical supply sales>>>Reduction in appliance sales>>>More layoffs... Unfortunately, only time will unwind this capital expenditure recession... Jim